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Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What's the case about?

AI Summary
  • ·Tata Power shares fell 4% following a court ruling in Singapore.
  • ·The Singapore International Commercial Court dismissed Tata Power's challenge to a $490 million arbitration award.
  • ·The dispute is related to a Russian coal project and involves Kleros Capital Partners.
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